Brisbane, Nov 26, 2009 (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) is pleased to announce the appointment of Mr. Bill Stubbs as Non-Executive Director and Chairman of the Company.
Mr. Stubbs is a lawyer of 35 years experience and has previously worked with D'Aguilar Gold CEO Nick Mather on the boards of numerous emerging globally significant resource companies.
He is the co-founder of the legal firm Stubbs Barbeler and has practiced extensively in the area of Commercial Law including Stock Exchange listings and all areas of mining law.
Mr. Stubbs has held the position of director of various public companies over the past 25 years in the mineral exploration and biotech fields. He is also the former Chairman of Alchemica Limited, and Bemax Resources N.L which discovered and developed extensive mineral sands resources in the Murray Basin. He was the founding Chairman of Arrow Energy Limited which originally pioneered coal seam gas development in Queensland's Bowen and Surat Basins from 1998, and is now a world-wide coal seam gas company. Mr. Stubbs is Non-executive Chairman of Stradbroke Ferries Limited (director since 2005), as well as the Chairman of the Advisory Board of Tetra Q - the Commercial Arm of the Centre for Integrated Pre-clinical Drug Development of the University of Queensland. He also serves as a non-executive on the Board of Lodestone Energy Limited and Business Management Limited.
Commenting on his appointment, Mr. Stubbs said that he was enthusiastic about the development of D'Aguilar Gold Limited into a significant resource company incubator and investor. "D'Aguilar's numerous interests in nickel, copper and gold form a strong investment base and the board expects to grow these activities and additional opportunities before us", he said.
About D'Aguilar Gold Limited
D’Aguilar Gold Limited (ASX:DGR) is focused on generating exploration and development companies in a wide array of minerals.
Projects are conceived directly through the skills and experience of D’Aguilar’s accomplished team of exploration geoscientists (with an enviable track record), not by the costly purchase of properties. Each project or exploration strategy is held in a separate subsidiary.
Focused and specialist management is then engaged in the subsidiary, with project specific finance raised in the subsidiary – faster and less dilutive to D’Aguilar. As the subsidiary project develops and starts to derisk the subsidiary is separately capitalised (seed raisings followed by an IPO).
Investors can choose to invest specifically in a particular project/commodity, or by investing in D’Aguilar, invest in the resource company generating business which retains a significant carried interest in each project.
D’Aguilar projects tend to be very large, targeting new provinces with the potential to make world-class discoveries. The exploration concepts are often novel. While increased metal prices and advances in technology can turn former sub-economic deposits into viable projects, D’Aguilar subsidiary projects frequently emerge from detailed reassessment and reinterpretation of large databases – looking at things from a new angle and with a different focus using state of the art techniques. The D’Aguilar Directors and Managers have in the past applied new exploration models to extensive tenement areas which have led to identification of new mineral provinces and the discovery of nationally significant resources. Similar efforts are now being dedicated to D’Aguilar.
Contact
Mr Nicholas Mather Managing Director Tel: +61-7-3303-0680 Mob: +61-417-880-448 Email: info@daguilar.com.au
Arrow Energy
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